AOC Plays Victim Card With Student Loans Despite Lavish Lifestyle

Just The News

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Rep. Alexandria Ocasio-Cortez (D-N.Y.) has often spotlighted her own student loans since entering Congress, personalizing a hot-button issue to decry a system that saddles millions of people with debt coming out of school.

However, unlike most Americans struggling to pay off student loans, Ocasio-Cortez, 32, has spent her money lavishly and appears to be in a position to pay off her full debt at any time, according to a review of her student loan history.

As of 2020, Ocasio-Cortez owed between $15,001 and $50,000 in federal student loans, according to her most recent personal financial disclosure report, which was filed in August 2021.

That debt was incurred from August 2007 to May 2011. Student loans are often paid off under a 10-year plan. In December, however, Ocasio-Cortez said she had “over $17,000” in student loan debt.

Two years earlier, in September 2019, Ocasio-Cortez made a student loan payment during a congressional hearing.

“I literally made a student loan payment while I was sitting here at this chair,” she said. “I looked at my balance, and it is $20,237.16. And I just made a payment that took me down to $19,000, so I feel really accomplished right now.”

If Ocasio-Cortez’s statements are true, then she paid off less than $2,000 of her student loans between September 2019 and December 2021.

During that time, Ocasio-Cortez reportedly bought a Tesla with a retail price of up to $59,000 and attended the Met Gala in New York City, where the cost of a seat started at $35,000 and tables went for $200,000 to $300,000.

She also spent a good deal of money on rent for those two-plus years. Indeed, the 32-year-old lives in a luxury high-rise apartment building in Washington, D.C. where monthly rents range from at least $2,000 for a studio apartment to more than $5,000 for a three-bedroom.

Amenities for the complex include saunas, several pools, multiple gyms, racquetball courts, massage rooms, a golf simulator, and a rooftop dog park, among others.

The congresswoman also has a second residence in her home district in New York City.

As a member of Congress, Ocasio-Cortez makes $174,000 a year — about two-and-a-half times the median income for U.S. households. However, she still hasn’t paid off her student loan balance, despite her salary, a 0% interest rate, and now owing much less than the nearly $30,000 (exact figures vary depending on the source) that the average graduate owes.

You might like:

Stories You May Like